Monetary Matters: What if ₹1 = $1 happens?
"Saudi Arabia makes a billion dollars a day, okay? They make a billion dollars a day," once remarked Donald Trump, in his characteristic style,...
![DGFT Notifies Introduction of Mode of Export of Services Export from May 1 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/04/DGFT-Notifies-DGFT-service-exports-declaration-Services-Export-from-May-1-taxscan.jpg "DGFT Notifies Introduction of Mode of Export of Services Export from May 1 [Read Circular]")
![DGFT Prohibits Export of De-Oiled Rice Bran Until September 30, 2025 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/02/DGFT-Export-of-De-Oiled-Rice-Bran-taxscan.jpg "DGFT Prohibits Export of De-Oiled Rice Bran Until September 30, 2025 [Read Notification]")
DGFT allows additional 12 months for Export of Red Sanders Heart Wood in log form by Odisha Govt [Read Notification]
The Directorate General of Foreign Trade ( DGFT ), through its notification No. 26/2024-2025 dated 3rd September 2024, has granted an additional 12-month extension for the export of Red Sanders Heart...
Rs. 50 Lakh DGFT Penalty and Document Submission Failure attributable to DRI: Delhi HC allows Petitioner Extension of Time [Read Order]
In a significant development, the Delhi High Court has intervened in a case involving the Directorate General of Foreign Trade ( DGFT ), quashing a hefty penalty of Rs. 50,00,000 imposed under the...
DGFT ‘Restricts’ Import of Gold -Studded with Pearls, Diamonds, Other Precious Stones with Conditions [Read Notification]
The DGFT ( Directorate General of Foreign Trade ) has notified the import restrictions on Import of Gold -Studded with Pearls, Diamonds and Other Precious Stones with certain conditions. In...
Relief to EMBIO Ltd: Supreme Court rules S. 11(2) of FT Act Does Not Authorise Penalty Imposition for Export Obligation Breach under Licence [Read Judgement]
The Supreme Court, while granting relief to EMBIO Ltd ruled that penalty cannot be imposed under Section 11(2) of the Foreign Trade (Development and Regulation) Act, 1992 for not fulfilling the...
CBIC Grants Full Exemption from Export Duty on 'Kala Namak Rice' Up to 1000 MTs w.e.f. April 03, 2024 [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the full exemption of 'Kala Namak Rice' Up to 1000 MTs from export duty with effect from April 3rd 20224. However the exemption...
DGFT notifies General Authorization For Telecommunication and Information Security Exports Items under SCOMET 8A5Â to Grant One- Time Bulk Licences [Read Notification]
The Directorate General of Foreign Trade ( DGFT ), vide notification no. 82/2023 dated 27th March 2024 has notified the general authorisation for Telecommunication related items and Information...
Premium Duck Meat for Hotels and Restaurants Now 'Restricted': DGFT updates Import Policy Condition [Read Notification]
The Directorate General of Foreign Trade ( DGFT ) has issued Notification No. 66/2023 dated March 06, 2024, amending the import policy for Duck Meat. According to the notification, Premium Duck Meat...
